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Some of emerging Asia’s biggest central banks look to be dialing back their interventions in the currency market.
BANGKOK (Reuters) -- Thailand has approved virtual banking licenses to three groups led by SCB X, Krung Thai Bank and ACM Holding, the central bank said on Thursday. The virtual banks shall start ...
Its LDR and cost-to-income ratio are the lowest amongst its peers, UOBKH said. Bank Central Asia (BBCA) is prioritising margin stabilisation and efficiency over aggressive loan growth, according to ...
Over 130 practitioners from Central Asia and Türkiye gathered this week at Lake Issyk-Kul, Kyrgyzstan, for a five-day regional simulation-based training exercise on combating trafficking in human ...
MUMBAI -- The Reserve Bank of India cut its key policy rate on Friday by an unexpectedly sharp 50 basis points to 5.5%, its lowest level in nearly three years, as tepid inflation allowed the bank ...
Bank Asia signed a memorandum of understanding (MoU) with Bank Alfalah to acquire the latter's operations in Bangladesh, subject to regulatory approval and the completion of legal formalities.
The GCC-Central Asia summit, initially scheduled for May 2025 in Tashkent, was postponed due to heavy flooding in Uzbekistan, which required the full attention of the Uzbek authorities.
A war between India and Pakistan would significantly destabilize Central Asia, disrupting trade routes, delaying infrastructure projects, and increasing regional militancy. China, Russia, and the ...
On April 4, the inaugural EU-Central Asia Summit in Samarkand, Uzbekistan, signaled the arrival of a new chapter. The meeting brought together top EU leaders—European Council President António ...
Economic growth rates for both the South Caucasus and Central Asia are expected to dip slightly over the next two years. (Photo: gov.kz) Economic activity across the South Caucasus and Central Asia is ...
The World Bank predicts slower economic growth in the Caucasus and Central Asia over the next two years, with Georgia, Azerbaijan, and Tajikistan experiencing the most significant declines.
The World Bank is predicting broadly slower growth for the next two years in the countries of the Caucasus and Central Asia. The World Bank forecast published this month, titled Global Economic ...